Thursday 14, May 2009 by

IFC investing $25 million in private-equity fund

The IFC, a member of the World Bank Group, said is investing $25 million in the MENA Joint Investment Fund, a $500 million fund that will provide private equity to businesses in Egypt and other countries in the region to help strengthen companies, spur economic growth, and create jobs.

Features & Analyses

Technology Lighting up off-grid

By supplying personal solar energy systems through mobile operator partnership, Lumos is striving to reach tens of thousands of Nigerians… read more